“Capital Subsidy Scheme” for Uttar Pradesh MSMES
Subscribe Free Business & Subsidy Update Plan And Get weekly Subsidy Updates
क्या आपकी MSME Registered यूनिट है?
तो जानिए Capital Subsidy in UP.
Capital Subsidy Scheme for Uttar Pradesh MSMEs under “Uttar Pradesh MSME Promotion Policy, 2022”.
UP Government is offering Capital Subsidy for the first time to the Micro, Small & Medium Enterprises (MSMEs) of Uttar Pradesh. UP MSMEs are eligible for higher capital subsidy benefits in Bundelkhand & Purvanchal Region as compared to Madhyanchal & Paschimanchal Region.
Capital Subsidy is available as a percentage of Fixed Capital Investment made.
Financial Assistance/Subsidy Benefits Available:
- Capital Subsidy :
Note : SC/ ST and women entrepreneurs will be eligible for 2% additional capital subsidy.
Eligibility & Conditions "Capital Subsidy Scheme" for Uttar Pradesh MSMES
- Micro, Small & Medium Enterprises of the state are eligible for aforesaid incentive.
- Land Cost can be part of Fixed Capital investment (FCI) – Max. – 10% of FCI.
- Total Financial assistance will be limited to Fixed Capital Investment (FCI).
- Capital Subsidy will be provided in 2 equal installments as follows –
- First Installment : Once the construction of related buildings is completed.
- Second Installment : Once at least 50% of commercial production has started.
- Eligible Investment Period (From the date of Application) under this scheme will be as follows:
- 2 years for micro enterprises
- 3 years for small enterprises
- 4 years for medium enterprises
- Units will have to start commercial production during the eligible investment period.
- Incentives under one head/category can only be availed under the said policy.
Period of Applicability of Scheme:
This Policy will be applicable for period of 5 years from the date of its notification.
So ,If you are micro, small or medium enterprise located in Uttar Pradesh. Then, You can enjoy maximum benefit of capital subsidy of above said policy. So, plan accordingly and take maximum benefits out of it.
If you want to know subsidy other then MSME sector such as on Warehousing & Logistic Sector , then click at:- https://kipfinancial.com/uttar-pradesh-warehousing-logistics-policy-2022/
Want to know more about Subsidy on Up warehouse, Book your free consultancy :- https://forms.gle/RQicNC67oPsiVRe79
For more discussion, you may write to us or call at:
KIP Financial Consultancy Pvt. Ltd.
DSB – 38, KIP Complex, Red Square Market, Hisar – 125001
Leave a Comment